A message from Paul Ryan.
Politicians who are principled enough to point out the fraud of Social Security, referring to it as a lie and Ponzi scheme, are under siege. Acknowledgment of Social Security's problems is not the same as calling for the abandonment of its recipients. Instead, it's a call to take actions now, while there's time to avert a disaster.
"In other words, under Obama, the government during the last three years has borrowed on average about $4 billion each day. That staggering sum is far in excess of the $1.6 billion per day during the eight-year tenure of George W. Bush, who until Obama's presidency had borrowed more than any peacetime president."
Tea Party Republicans are calling for Boehner to be replaced because they believe his plan does not address the overspending enough.
Congressional websites are crashing and phones are ringing off the hook in response to Obama's debt speech last night.
"The highly anticipated Sunday evening meeting to hammer out a deal on the debt limit among the Administration and the Republican and Democratic leadership in the U.S. House and Senate took place and the main result is they will meet again this afternoon at two."
Obama discusses what went on during the federal debt meeting at the White House.